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Study On Alpha Manufacturing Company - Affects Of Primary External Influence

   

Added on  2020-01-28

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CONTEMPORARYDEVELOPMENT INBUSINESS ANDMANAGEMENT
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Brief overview of primary external influence to the organisation..............................................1TASK 2............................................................................................................................................4(i) Analysis its relevance to the chosen organisation and how it is influence to policies anddecision making..........................................................................................................................4(ii) Critically evaluates the effectiveness of organisation response............................................6(iii) Demonstrate some areas for improvement in the response of the organisation...................8CONCLUSION ...............................................................................................................................9REFERENCES..............................................................................................................................11
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INTRODUCTIONManagement plays important role within the organisations to determine goals andobjectives. It includes performing, planning and controlling functions in the enterprise which isrelated with goals and objectives. Modern time management deals with various variables whichdepend on each other. Present study is based on Alpha manufacturing company whichmanufactures metal products with effective design and metal sheet fabrication in the industry.They are facilitating to design, prototype and manufacture with diversify various range ofproducts. In this context, present report covers primary external influence which affects theorganisation. Furthermore, reports select one theme in which it analysis to relevance of policiesand decision making in the organisation. Moreover, it critically evaluates the effectiveness in theenterprise response. In addition to this, it also demonstrates areas for improvements in responseof the company. TASK 1Brief overview of primary external influence to the organisationCompetitive advantages in manufacturing industry are driven by customer relationshipand sales in the marketplace. Direct sales are successful when the industry is moving in differentdirection for enhancing profits (Barton, Tejay and Terrell, 2016). Primary external influencesconsist of demand conditions, environmental concern, legal factors and many more aspects.These factors affect the company when it is enters in a new market and first time. Thus, it isknown as primary aspects within the organization. Customers only want those products andservices which satisfy their demand and enhance productivity within the marketplace. Marketanalyst supports the potential growth and profitability in the future (Fisher, Birch and Hughes,2013). Retail margins on Alpha industry is comparative high so that foreign competition is mainexternal factors which demonstrates price level of market and efficiency as well. There arevarious primary external factors which affect the organisation functioning. They are as follows:Demand conditions: Demand of products and services of company is essential tocompete within the marketplace (Mi, Heang and West, 2016). It will improve andinnovation in firm value to determine competition in the marketplace. Threecharacteristics of the company products are demanding in the marketplace. It assists tomaintain competitive advantages to generate high revenue. In this, it involves industry1
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